San Leon Energy Share Discussion Threads

[linksdean2] 11/10/2016 19:13

old butt knew..as links says!!!.

no worries! thanks for the rns..

[linksdean2] 11/10/2016 14:45

sle to talk at investor show

www.ukinvestorshow.com

[czar] 11/10/2016 08:26

There are a large number of stale SLE shareholders that have a very jaundiced view of the Company. I understand that, but they are getting out at exactly the wrong time IMHO. When the last few have sold out this stock will fly. It may take another month or two but then..............

[linksdean2] 10/10/2016 21:07

Tosca confidence in sle says they expect a re rate!!. Hence they bought even more .. But we will see!

[pastyman3851] 10/10/2016 20:05

Nice find links, just wish it would translate into a better SP

[linksdean2] 10/10/2016 18:47

from iii today


13:41

something to look forward to..63,000bpd being produced in September..with the additions here next month could be very good for the consortium!..and sle..

The Company is taking an active role as a partner in the OML 18 asset Eroton, as Operator, continues to progress redevelopment of the fields, and a summary of the main areas of operational focus over the coming months is provided below

.
Considerable on-the-ground resources have been, and continue to be, deployed to carry out the activities described in the Competent Persons Report prepared by PetroVision Energy Services Limited, and to realise the early and sustainable production increases described therein.

A contract for two electric line crews has been signed, and the crews are being mobilised. This will enable water saturation logs to be obtained, allowing selection, perforation and production of new intervals in existing wells.

A slickline spread is operating at each of the Alakiri and Cawthorne Channel fields, conducting producibility tests and gathering pressure data, and a wellhead maintenance crew is assigned to each such spread.

Coiled tubing work is being performed on selected maintenance and production kick-off well candidates, while a well fishing crew will be mobilized imminently to rehabilitate wells requiring their services.

Additional fields, and parts of fields, are also a priority to bring onstream. Light workover activity on wells in the Krakama field is nearing completion, with the aim of bringing the Krakama field into production by early November 2016.

The Orubiri field is now being produced through bulk lines tied back to the Alakiri flowstation, and scoping work for an Early Production Facility (“EPF”) is being carried out for the Buguma field to bring it online.

Additionally, an Exploration Manager has been appointed at Eroton, with a remit to convert the considerable exploration upside on the block (471 mmbbls of oil & 1,572 Bcf of gas on a risked basis, only considering the top 20 current prospects) to production.

next update!..could be brill with that news above..

[pastyman3851] 10/10/2016 15:36

Oil up nicely
Production up nicely
SP - Oh wait!

I'm starting to feel aggrieved by this company, but atleast while it's this low I've been able to average to 89.6p and will be looking to get out around the 65p mark.

[linksdean2] 10/10/2016 12:45

Sle is in business..production rate of 63,000bpd equivalent..work overs being carried out.. Non production wells coming back on line adding to those production figures..yep sle defo in business..

[witheco] 10/10/2016 08:06

Doesn't look like SLE is in business this morning - the continued selling continues.

[linksdean2] 09/10/2016 19:12

production on oml 18 has increased over 100% since jan 2016..bonny tirader

I know " its a heart ache" to you..butt.. sle is the "hero".


sort of farts in the your face eh!!

sle in business..a producer of oil and gas..cash flow..tiny tim tom tony!!! toerag!..go figa!

Eroton’s structuring of
security and community agreements, with the assistance of Bilton, have ensured almost non-existent theft
or sabotage at OML 18 since Eroton took over as Operator in March 2015.

Bilton
Bilton is an indigenous Nigerian carry vehicle, which has been set up to maintain security and community
relations to help minimise any disruption of the operations at OML 18.
As a shareholder in Eroton, Bilton was an integral part in the acquisition strategy for OML 18. In addition
to its other responsibilities as a shareholder, it has the responsibility to design and implement a host
community and security package. This package has effectively turned the OML 18 area from a restive
community into one that has virtually eliminated the community disturbances that existed during the
period prior to Eroton’s ownership of its interest in OML 18.
Bilton’s efforts have helped to build a mutually beneficial relationship with local communities, ensure
peaceful co-existence and worked as a driver for development of its host communities